In the same way, Wang and Xie (2004) points out traditional industries being the barrier to activate modern approaches in some particularly countries and therefore prevent economic growth in developing countries. However, back in half of the century ago, Shetty (1963) acknowledges that small-scale industries persistently play a remarkable role in developing the economy by industrialization not only in developed countries but also in those not-so-developed ones. In fact, whereas old-fashioned technology industries with labour intensity considered as "hangovers " from the past, great achievements are being harvested by a large number of such kind of businesses regarding the number of job created and earning capacity in the context of today's globalising world (Scott, 2006). Bearing this subject in mind, the essay will bring out the considerations of whether firms in traditional industries should be kept in business in a changing global economy from the standpoint of their managerial levels. Accordingly, how these low-tech, labour-intensive manufacturing companies are affected by the two shifts of innovation & globalisation and whether their adaptation can bring worthwhile outcomes to be preserved will be assessed. From there, in case the retention of traditional industries is necessary, this essay will delve into the cultural and sustainable aspects of maintaining traditional industries.
Change and innovation .
In the first place, there are several concerns of upholding the ownership of resource-poor industries that need to be looked into details in response to "change or not to change. Previously, the origin of traditional industries is to cater all the local needs including food, clothes, household in an adaptive way to fit in the agriculture cycle: low-wage, working in leisure period. From time to time, such industries evolve under a variety from putting-out system, proto-industrialisation to deindustrialisation.
